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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Cash and cash equivalents $ 47,486 $ 63,569
Non-Agency RMBS, at fair value 2,486,130 2,851,316
Agency MBS, at fair value 12,188,950 4,364,828
Loans held for investment, at fair value 12,572,581 13,678,263
Accrued interest receivable 123,442 100,789
Other assets 252,582 114,391
Derivatives, at fair value, net 37,468 48,914
Total assets [1] 27,708,639 21,222,070
Liabilities:    
Repurchase agreements ($15.8 billion and $8.8 billion, pledged as collateral, respectively) 14,030,465 7,250,452
Securitized debt, collateralized by Non-Agency RMBS ($1.0 billion and $1.6 billion pledged as collateral, respectively) 159,955 205,780
Securitized debt at fair value, collateralized by loans held for investment ($12.3 billion and $13.3 billion pledged as collateral, respectively) 8,455,376 9,388,657
Payable for investments purchased 1,136,157 567,440
Accrued interest payable 110,402 61,888
Dividends payable 95,986 95,365
Accounts payable and other liabilities 16,469 17,191
Derivatives, at fair value, net 0 320
Total liabilities [1] 24,004,810 17,587,093
Commitments and Contingencies (See Note 15)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 300,000,000 shares authorized, 187,052,398 and 187,809,288 shares issued and outstanding, respectively 1,871 1,878
Additional paid-in-capital 4,072,093 3,826,691
Accumulated other comprehensive income 626,832 796,902
Cumulative earnings 3,379,489 2,967,852
Cumulative distributions to stockholders (4,376,748) (3,958,534)
Total stockholders' equity 3,703,829 3,634,977
Total liabilities and stockholders' equity 27,708,639 21,222,070
Preferred Class A    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 58 58
Preferred Class B    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 130 130
Series C Preferred Stock Par Value    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: $ 104 $ 0
[1] The Company's consolidated statements of financial condition include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Chimera Investment Corporation). As of December 31, 2018 and December 31, 2017, total assets of consolidated VIEs were $13,392,951 and $14,987,464, respectively, and total liabilities of consolidated VIEs were $8,652,158 and $9,631,820, respectively. See Note 8 for further discussion.